ChainGPT, an artificial intelligence (AI)-powered Web3 infrastructure provider, has unveiled a platform that brings AI-powered auto-trading to the world of cryptocurrencies. This launch of the GT Protocol is made possible through a strategic partnership with ChainGPT Pad, a launchpad and incubator supporting promising Web3 startups,...
Stablecoins have held the promise of serving as a link between the cryptocurrency realm and traditional financial services. Turns out that nowadays, the digital holdings are also a favorite of fraudsters. Blockchain analysis firm Chainalysis found in its latest report on the state of crypto...
Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg News reported Thursday (Jan. 18), citing data from DefiLlama. The report says that figure vastly outpaces what Binance’s biggest competitors...
In a Wednesday (Jan. 17) court hearing, cryptocurrency exchange Coinbase Global made a comparison between buying cryptocurrency and collecting Beanie Babies. The comparison was presented as part of Coinbase’s defense against a Securities and Exchange Commission (SEC) lawsuit accusing the company of selling unregistered securities, Bloomberg reported Wednesday. William Savitt, a...
America’s largest cryptocurrency exchange is scheduled to face the country’s securities regulator in court. And at Coinbase’s hearing on Wednesday (Jan. 17), the company will reportedly argue that the U.S. Securities and Exchange Commission (SEC) should abandon its case, as the tokens traded on the exchange are not the same...
Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose company mints the USD Coin stablecoin, said Monday (Jan. 15) he thinks there is a “very good chance” U.S. lawmakers...
Business-focused cryptocurrency payment gateway PTPShopy announced it had begun operations Monday (Jan. 15). “For software or hosting providers, PTPShopy presents a superior SaaS crypto payment solution, enabling easy integration into existing systems,” the company said in a news release. Offline retailers get a unique point-of-sale and payment link solution,...
J.P. Morgan analysts are doubtful about the promise of bitcoin exchange-traded funds (ETFs). The banking giant thinks bitcoin ETFs will draw substantial funds from other crypto products, just not new capital, CoinDesk reported Monday (Jan. 15), citing an analyst note. Last week, the U.S. Securities...
Google has removed several cryptocurrency platforms from its Indian Play store. The removal, as reported Saturday (Jan. 13) by TechCrunch, involves crypto giants including Binance and Kraken, and follows a similar move last week by Apple. The move comes amid a crackdown on digital asset companies by the Indian government. Late last...
